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$6,570,000
24
Beds
24
Baths
13,440
Living Area
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Property Description
447 Pleasant St is a three-story brick building with 24 residential units consisting of 1 Studio unit and (23) 1-Bedroom/1-Bathroom units. The units are separately metered for electric, which is paid directly by the tenants. The Landlord is responsible for electric heat and hot water, common area electric, and domestic water and sewer. 447 Pleasant Street has been well maintained throughout ownership and features ample off-street parking with 21 spaces. The Property also offers an elevator and on site laundry facility, and each unit has a private walk-out patio or balcony. 447 Pleasant Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1964
- Parking Spots: 21
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 70
- Status: Closed
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Additional Details
- Foundation: Other
- Roof: Rubber
- Total Number of Units: 24
- Year Built Source: Public Records
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Urc
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,139,900
- Tax Year: 25
- Total Rent: $32,767
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)
- Taxes: $31,085
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
